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Shin'en is an German indie developer(yes, that Germany that is homeland of Crytek) that does audio middleware, has done soundtracks for over 200 games and they develop games exclusively for Nintendo platforms and is listed as 2nd party developer.

Please do not confuse 4k-8k texture resolution with display resolution while Shin'en confirmation of 4k-8k textures hints possibility that FAST Racing NEO will be rendered at native FULL HD(1920x1080p) also Shin'en games are always at 60 frames per second.

I bet that a lot of people will have their mouth open and start drewling when they see the footage...

Imagine if FAST Racing NEO with all that detail is also 1080p60fps, heads will explode at Sony camp!

The only thing that worries me is that shinen might not have the resources to make a game with much depth. Nano Assault Neo was really fun but only had a few weapons or powerups. Im sure thats why they really want to be bought by Nintendo so badly